What is Tax-Free Childcare?

Tax-Free Childcare is a new government initiative that was rolled out in April 2017, currently available to children under 6, and will replace the existing Childcare Voucher Scheme for new joiners in April 2018. For eligible families, Tax-Free Childcare offers to cover 20% of childcare costs (up to £2,000 per child, per year based in child care costs of £10,000 per year), for children up to the age of 12, or up to 17 for disabled children with £14,000 per child per year.

Following a petition, on the Government Petitions website, to keep Childcare Vouchers open alongside TFC reached over 100,000 signatures the Petitions Committee have scheduled a debate on the petition on Monday 15th January 2018 at 4.30 pm. The Petition details were as follows: Hundreds of thousands of parents will lose out under the new tax-free […]